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Wtiusd

OIL reversingOil still on a bullish channel, but always when touched the resistance LTA trendline, was rejected. We can expect now a visit to the base of the channel or if broke the support of the channel, we expect the possibilitie to visit the 61,80% fibo, 74.555. MTFP turnpoint is 89.59. Bellow this we will expect a continuation of a bearish momentum. Targets on Chart. Be carefull, patient and discipline. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading. Good trades to All.
OANDA:WTICOUSDShort
by miketiger
WTIUSD remains bullish next week.From a fundamental point of view. The CPI in the United States continued to rise, and the prices of various commodities continued to rise. This is the current basic situation. So I think WIT will continue to be bullish. From a technical point of view. WTIUSD remains in an ascending channel with higher highs. Judging from the kdj indicator, it is still in an upward trend. So I think WIT will continue to be bullish next week. In the short term, 9200 is its support and its resistance is at 9500 So I think, next week I will continue to be bullish. FOREXCOM:WTIUSD
FOREXCOM:USOILShort
by lskdxz
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